Author: FX

The Didi Index MT4 Indicator is based on moving averages but works uniquely to track market momentum. Instead of just one average, it compares different sets of averages to show when the market is about to shift direction. This makes it useful for spotting reversals before they fully form. Many traders use it as a confirmation tool, checking whether the trend is strong enough to enter or exit trades. It works on multiple timeframes, making it suitable for both short-term scalpers and long-term swing traders. Why Traders Prefer the Didi Index One of the main advantages of the Didi Index…

China’s foreign minister met with Pakistan’s president in Islamabad, according to Xinhua.He said China is willing to work with Pakistan to deepen traditional friendship and strengthen strategic communication.He added that China is ready to work on upgrading the China-Pakistan Economic Corridor (CPEC). This article was written by Arno V Venter at investinglive.com. Source link

The GBPUSD fell steadily through the US session on stronger US data, setting new weekly lows and the lowest since Aug 11. The slide reached the 100-day MA at 1.34078, with a session low at 1.3405, before buyers staged a modest rebound toward 1.3425. That bounce is not surprising into a key event, and tomorrow we have the key Fed Chair Powell speech at Jackson Hole. The 100-day MA often acts as a neutral pivot where both sides reset into the headline risk, and let the facts, dictate the next move (higher or lower).Tactically, the 100-day MA (1.34078) is the…

The “Oracle of Everything” is speaking (I.e. Trump) and says that Ukraine should’ve attacked Russia since they invaded their country, saying “to win a war without attacking and invaders country” is like “a sports team playing fantastic defense but no offense. Biden “should have let Ukraine FIGHT back”. He then prognosticated that the war would never have happened if he were president. Having said that, he did say he would end the war immediately upon becoming president. That has not happened yet, at least.The post: No comments on Fed’s Cook today. Source link

Initial Jobless Claims increased to 235K vs. the previous week.Continuing Jobless Claims rose to 1.972M.According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance rose to 235K for the week ending August 16. The latest print surpassed initial estimates (225K) and was higher than the previous week’s unrevised 224K.Additionally, the 4-week moving average increased by 4.5K, bringing it up to 226.25K from the unrevised average of the previous week.The report indicated a seasonally adjusted insured unemployment rate of 1.3%, with Continuing Jobless Claims rising by…

Gold holds above $3,330 after failing to sustain gains above $3,350.A stronger US Dollar and firmer Treasury yields cap bullion’s upside.Focus shifts to the Jackson Hole Symposium, with Fed Chair Powell’s speech on Friday.Gold (XAU/USD)pares some of its intraday losses on Thursday after sliding to a low of $3,325 during the European session, though the rebound is struggling to clear the $3,350 resistance zone. The stronger US Dollar and firm Treasury yields are keeping bullion capped, with investors reluctant to add fresh positions ahead of Fed Chair Jerome Powell’s keynote at the Jackson Hole symposium on Friday.At the time of…

Italy arrests Ukrainian over Nord Stream pipeline attacks, German prosecutors say Source link

Prior 48.5Manufacturing PMI 49.9 vs 48.0 expectedPrior 48.2Composite PMI 49.8 vs 48.5 expectedPrior 48.6Both the services and composite readings are 12-month highs while the manufacturing reading is a 3-month high. That points to the French economy moving closer to stabilisation in August amid some light rays of optimism. Demand weakness remains evident with new orders falling for a fifteenth straight month. However, the pace of the decline was the softest in a year so that’s something to take heart in. Meanwhile, employment levels also increased for the first time since November last year. And that’s another positive takeaway at least.…

The Profit Info MT4 Indicator is designed to make trading easier by showing account performance simply and clearly. Instead of switching between multiple tabs or calculating manually, traders can instantly see their total profit, equity, balance, and open trades on the chart. This feature saves time and reduces mistakes, allowing traders to focus on market analysis instead of bookkeeping. Real-Time Profit Tracking One of the best things about this indicator is that it updates automatically as trades move. Traders no longer need to rely on guesswork because the indicator displays live data, including floating profits and losses. This helps traders…

Yoooo, EUR/USD is having trouble making new highs above a key resistance zone! Will this lead to the pair making new Q3 2025 lows? Here’s what we’re seeing on the daily time frame: EUR/USD Daily Forex Chart by TradingView Easing U.S.-EU trade tensions and hopes for a Russia-Ukraine peace deal have kept demand for the euro supported, driving EUR/USD higher since the start of the month. Meanwhile, the dollar has struggled to extend gains as Treasury yields retreat, questions over Fed independence linger, and markets scale back expectations for aggressive rate cuts. Attention now turns to Powell’s remarks on Friday.…